Steve Jobs’ Commencement Speech

Stanford Report, June 14, 2005

‘You’ve got to find what you love,’ Jobs says

This is the text of the Commencement address by Steve Jobs, CEO of Apple Computer and of Pixar Animation Studios, delivered on June 12, 2005.

I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I’ve ever gotten to a college graduation. Today I want to tell you three stories from my life. That’s it. No big deal. Just three stories. =continued=

The Five Pirates

Riddle of the Five Pirates

A pirate ship holding five pirates finds a treasure of 1000 golden coins. The treasure must be split among the five pirates. They are, in order of rank: Pirate 1, Pirate 2, Pirate 3, Pirate 4, and Pirate 5.

The pirates have three important characteristics: infinitely smart, infinitely bloodthirsty, and infinitely greedy.

Starting with the lowest ranked Pirate 5, they each must propose a way to split the treasure among them. If the proposal is not accepted by a majority of the pirates, the proposing pirate will be thrown overboard.

What proposal should Pirate 5 make?